---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-280167"
form_type: "8-K"
ticker: "HCKT"
cik: "0001057379"
company_name: "HACKETT GROUP, INC."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T02:44:35.041909+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hackett Group Q3 revenue $72M, adj EPS $0.37; authorizes $120M share repurchase

## Summary
- GAAP diluted EPS $0.32 (up from $0.25); adjusted diluted EPS $0.37 (up from $0.31), exceeding guidance high end.
- Total revenue $72.0M (flat YoY); revenue before reimbursements $71.0M; Q4 guidance: $66-68M, adj EPS $0.33-0.35.
- Board approved additional $120M to share repurchase plan; plans Dutch auction tender offer up to $120M at $20.50-$23.50/share.
- Quarterly dividend declared $0.11/share, payable Jan 6, 2023 to holders of record Dec 23, 2022.
- Credit facility amended to $100M with no outstanding balance; cash $67M as of Sep 30, 2022.

## SEC filing metadata
- accession: 0001193125-22-280167
- form_type: 8-K
- ticker: HCKT
- cik: 0001057379
- company_name: HACKETT GROUP, INC.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057379/000119312522280167/0001193125-22-280167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057379/000119312522280167/d407719d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-280167
- JSON: https://secwatch.observer/filing/0001193125-22-280167.json
- Plain text: https://secwatch.observer/filing/0001193125-22-280167.txt

## Key facts
- Debt Financings
  HACKETT GROUP, INC. incurred revolving credit of up to $100 million with Bank of America, N.A. at BSBY rate plus applicable margin percentage ranging from 1.50% to 2.25% per annu maturing November 7, 2027.
  - Instrument: revolving credit
  - Principal: up to $100 million
  - Counterparty: Bank of America, N.A.
  - Rate: BSBY rate plus applicable margin percentage ranging from 1.50% to 2.25% per annu
  - Maturity: November 7, 2027
  - Event: incurrence
  source text: On November 7, 2022, The Hackett Group, Inc. (the “Company”) entered into a third amended and restated credit agreement (the “Credit Agreement”) with Bank of America, N.A., as administrative agent, and the lenders party thereto, pursuant to which the lenders agreed to amend and restate the Second Amended and Restated Credit Agreement, dated May 9, 2016, with Bank of America, N.A., as lender, in order to extend the maturity date of the revolving credit facility and provide the Company with an additional $55 million in borrowing capacity, for an aggregate amount of up to $100 million from time to time pursuant to a revolving line of credit (the “Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057379/000119312522280167/0001193125-22-280167-index.htm
- Earnings Releases
  HACKETT GROUP, INC. reported the third fiscal quarter ended September 30, 2022 results: revenue $72.0 million, EPS $0.32.
  - Period: the third fiscal quarter ended September 30, 2022
  - Revenue: $72.0 million
  - EPS: $0.32
  - Result: reported results
  source text: today announced its financial results for the third quarter, which ended on September 30, 2022 . Financial Highlights • Total revenue in the third quarter of 2022 was $72.0 million and revenue before reimbursements was $71.0 million, which was in line with our guidance. This compares to total revenue of $71.9 million and revenue before reimbursements of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057379/000119312522280167/0001193125-22-280167-index.htm
- Material Agreements
  HACKETT GROUP, INC. amended Credit Agreement with Bank of America, N.A. valued at $100 million (effective 2022-11-07).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: $100 million
  - Effective: 2022-11-07
  source text: On November 7, 2022, The Hackett Group, Inc. (the “Company”) entered into a third amended and restated credit agreement (the “Credit Agreement”) with Bank of America, N.A., as administrative agent, and the lenders party thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057379/000119312522280167/0001193125-22-280167-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.